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Home Healthcare Market Size, Share Global Analysis Report, 2020–2026

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Home Healthcare Market By Product (Diagnostics and Monitoring Home Devices, Therapeutics Home Healthcare Devices, Home Mobility Assist Devices, and Medical Supplies), By Services (Rehabilitation Services, Telehealth and Telemedicine Services, Infusion Therapy Services, Respiratory Therapy Services, and Unskilled Home Healthcare Services), By Software (Clinic Management Systems, Agency Management Software, and Hospice Solutions), and By Region: Global Industry Outlook, Market Size, Business Intelligence, Consumer Preferences, Statistical Surveys, Comprehensive Analysis, Historical Developments, Current Trends, and Forecast 2020–2026

Industry Insights

This specialized and expertise oriented industry research report scrutinizes the technical and commercial business outlook of the Home Healthcare industry. The report analyzes and declares the historical and current trends analysis of the Home Healthcare industry and subsequently recommends the projected trends anticipated to be observed in the Home Healthcare market during the upcoming years.

Global Home Healthcare Market Size

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The Home Healthcare market report analyzes and notifies the industry statistics at the global as well as regional and country levels in order to acquire a thorough perspective of the entire Home Healthcare market. The historical and past insights are provided for FY 2016 to FY 2019 whereas projected trends are delivered for FY 2020 to FY 2026. The quantitative and numerical data is represented in terms of value (USD Billion) from FY 2016 – 2026.

The quantitative data is further underlined and reinforced by comprehensive qualitative data which comprises various across-the-board market dynamics. The rationales which directly or indirectly impact the Home Healthcare industry are exemplified through parameters such as growth drivers, restraints, challenges, and opportunities among other impacting factors.

Throughout our research report, we have encompassed all the proven models and tools of industry analysis and extensively illustrated all the key business strategies and business models adopted in the Home Healthcare industry. The report provides an all-inclusive and detailed competitive landscape prevalent in the global Home Healthcare market.

The report utilizes established industry analysis tools and models such as Porter’s Five Forces framework to analyze and recognize critical business strategies adopted by various stakeholders involved in the entire value chain of the Home Healthcare industry. The global Home Healthcare market report additionally employs SWOT analysis and PESTLE analysis models for further in-depth analysis.

The report study further includes an in-depth analysis of industry players' market shares and provides an overview of leading players' market position in the Home Healthcare sector. Key strategic developments in the global Home Healthcare market competitive landscape such as acquisitions & mergers, inaugurations of different products and services, partnerships & joint ventures, MoU agreements, VC & funding activities, R&D activities, and geographic expansion among other noteworthy activities by key players of the global Home Healthcare market are appropriately highlighted in the report.

The growing geriatric population has increased the prevalence of chronic diseases such as Alzheimer’s, dementia, and orthopedic conditions, thereby increasing the demand for the Home Healthcare market. In addition to this, the rising demand for value-based healthcare is expected to further fuel the growth of the market during the forecast period. Furthermore, the growing demand for more healthcare services and healthcare workers & agencies is anticipated to drive market growth. The Home Healthcare market is set to grow significantly owing to the rising demand for home health and personal healthcare aides in the developed and developing countries. The complete or partial in-home service coverage by the government further helps augment the market growth. The demand for improved patient outcomes at a low cost is likely to propel the Home Healthcare market growth.

The global Home Healthcare market research report delivers an acute valuation and taxonomy of the Home Healthcare industry by practically splitting the market on the basis of different products, software, and services, and regions. Through the analysis of the historical and projected trends, all the segments and sub-segments were evaluated through the bottom-up approach, and different market sizes have been projected for FY 2020 to FY 2026. The regional segmentation of the Home Healthcare industry includes the complete classification of all the major continents including North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. Further, country-wise data for the Home Healthcare industry is provided for the leading economies of the world.

The global Home Healthcare market is segmented based on Product, Software, and Services. By product, the global Home Healthcare market is segmented into Diagnostics and Monitoring Home Devices, Therapeutics Home Healthcare Devices, Home Mobility Assist Devices, and Medical Supplies. On the basis of services, the market is divided into Rehabilitation Services, Telehealth and Telemedicine Services, Infusion Therapy Services, Respiratory Therapy Services, and Unskilled Home Healthcare Services. In terms of software, the market for home healthcare is sectored (Clinic Management Systems, Agency Management Software, and Hospice Solutions.

logoReport Scope

Report Attribute

Details

Market Size in 2019

USD 281.10 Billion

Projected Market Size in 2026

USD 454.34 Billion

CAGR Growth Rate

7.10% CAGR

Base Year

2019

Forecast Years

2020–2026

Key Market Players

Air Liquide, Amedisys, Koninklijke Philips N.V., Arcadia, Home Health Care Inc, Davita Inc, Diaverum, Home Healthcare Solutions Company LLC, National HealthCare Corporation and PORTEA MEDICAL, Apple Home Healthcare, Kindred Healthcare LLC, LHC Group Inc., OMRON Corporation, B. Braun Melsungen AG, Air Liquide, BPL Medical Technologies, CARDINAL HEALTH, and Sunrise Medical LLC, among other.

Key Segment

By Product, By Services, By End-User123, By Software, and By Region

Major Regions Covered

North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa

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logoSome of the essential players operating in the global Home Healthcare market, but not restricted to include

  • Air Liquide
  • Amedisys
  • Koninklijke Philips N.V.
  • Arcadia
  • Home Health Care Inc
  • Davita Inc
  • Diaverum
  • Home Healthcare Solutions Company LLC
  • National HealthCare Corporation and PORTEA MEDICAL
  • Apple Home Healthcare
  • Kindred Healthcare LLC
  • LHC Group Inc.
  • OMRON Corporation
  • B. Braun Melsungen AG
  • Air Liquide
  • BPL Medical Technologies
  • CARDINAL HEALTH
  • Sunrise Medical LLC among other.

The taxonomy of the Home Healthcare industry by its scope and segmentation is as follows:

logo Product Segmentation Analysis

  • Diagnostics and Monitoring Home Devices
  • Therapeutics Home Healthcare Devices
  • Home Mobility Assist Devices
  • Medical Supplies

logo Services Segmentation Analysis

  • Rehabilitation Services
  • Telehealth and Telemedicine Services
  • Infusion Therapy Services
  • Respiratory Therapy Services
  • Unskilled Home Healthcare Services

logo Software Segmentation Analysis

  • Clinic Management Systems
  • Agency Management Software
  • Hospice Solutions

logo Regional Segmentation Analysis

  • North America
    • The U.S.
    • Canada
  • Europe
    • Germany
    • The UK
    • France
    • Spain
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Southeast Asia
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • GCC
    • South Africa
    • Rest of Middle East & Africa

Industry Major Market Players

  •  Air Liquide
  •  Amedisys
  •  Koninklijke Philips N.V.
  •  Arcadia
  •  Home Health Care Inc
  •  Davita Inc
  •  Diaverum
  •  Home Healthcare Solutions Company LLC
  •   National HealthCare Corporation and PORTEA MEDICAL
  •  Apple Home Healthcare
  •  Kindred Healthcare  LLC
  •  LHC Group Inc.
  •  OMRON Corporation
  •  B. Braun Melsungen AG
  •  Air Liquide
  •  BPL Medical Technologies
  •  CARDINAL HEALTH and Sunrise Medical LLC

Frequently Asked Questions

The growing geriatric population has increased the prevalence of chronic diseases such as Alzheimer’s, dementia, and orthopedic conditions, thereby increasing the demand for the Home Healthcare market. In addition to this, the rising demand for value-based healthcare is expected to further fuel the growth of the market during the forecast period. Furthermore, the growing demand for more healthcare services and healthcare workers& agencies is anticipated to drive market growth.
Ans: One of the major causes for the growth of the global Home Healthcare market is the "Rising demand for home health and personal healthcare aides in the developed and developing countries".
According to a study, the global Home Healthcare market size was worth around USD 281.10 billion in 2019 and is predicted to grow to around USD 454.34 billion by 2026.
Ans: The CAGR value of the Home Healthcare market is expected to be around 7.10% during 2020-2026
Ans: The global Home Healthcare market is expected to witness the highest growth in the "North America Region"
Ans: The global Home Healthcare market is led by players like Air Liquide, Amedisys, Koninklijke Philips N.V., Arcadia, Home Health Care Inc, Davita Inc, Diaverum, Home Healthcare Solutions Company LLC, National HealthCare Corporation and PORTEA MEDICAL, Apple Home Healthcare, Kindred Healthcare LLC, LHC Group Inc., OMRON Corporation, B. Braun Melsungen AG, Air Liquide, BPL Medical Technologies, CARDINAL HEALTH, Sunrise Medical LLC, and others.